The Business Times, 26 November 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, NOVEMBER H, IKC 75 CENTS
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  • 181 1 Overaeaa mart eta TUESDAY HK Hang Song Indox 2361.12 17.53) Tokyo NMtol Avorogo *****JO 99.27 CujiakAy A H jyanty Aii-urainarifi 1350.81+13.2) MONDAY Now York (Dow Jonos) 1,906.07 (+12-51) London (FT 30 Indox) 1,2824 *4) 1276.2 (Tuoaday noon THE S$ cloeed at $2.1940/50 againat the US dollar in
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  • 408 1 Reuter PHILIPPINE communist rebels last night reached agreement with the government for a ceasefire in the country's 17-year guerilla war, government negotiator Ramon Mitra told reporters in Manila. President Corazon Aquino had put a Nov 30 deadline on a ceasefire agreement, and yesterday's
    Reuter  -  408 words
  • 573 1  -  Cut in revenue led to review of priority areas By CHUANG PECK MING IN A MAJOR SHIFT of emphasis, the Skills Development Fund will now focus its efforts on the training of workers instead of managers. The switch, which comes just four months after
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  • 347 1  -  By BOEY KIT YIN THE MOVE by the Skills Development Fund to increase its support of training for workers was welcomed by those who were contacted by BT yesterday. Lim Boon Heng, the assistant secretary-general of the National Trades Union Congress, said: "We feel that
    347 words
  • 59 1 IT IS WIDELY ACCEPTED that the efficient dissemination of corporate information is the best form of investor protection. This is one area the recently appointed Stock Exchange of Singapore Committee will have to look into as in Singapore, the average standard of disclosure is regarded not
    59 words
  • 129 1 UPI THE US GOVERNMENT posted a monthly deficit of U5525.25 billion in October, opening fiscal 1967 with another gush of red ink. The shortfall between receipts snd outlays was less than in October 1985, when the federal deficit came to U5527.09 billion. But the
    UPI  -  129 words
  • 128 1 AFP FRANCE is reviewing its ties with Asean to seek ways to upgrade trade, investment and other links, a senior French official said in Kuala Lumpur yesterday. French businessmen had too great a bias for "big contracts" at the expense of real investments and
    AFP  -  128 words
  • 352 1 AFP, Reuter THE EUROPEAN COMMUNITY has decided to abolish the trade advantages it allows on certain imports from Hongkong and South Korea and to limit sharply those applied to petrochemical imports from the Gulf countries. The decisions were taken in Brussels at
    AFP,; Reuter  -  352 words
  • 309 1 INVESTORS BRUSHED ASIDE the National Bank of Brunei fraud case and went on a bargain hunting spree, pushing most share prices on the Singapore stock market sharply higher yesterday. There was strong demand for all sorts of stocks throughout the day,
    309 words
  • 152 1 THE HONGKONG slock mark* powered its way to record levels yesterday, with the blue chip Hang Seng Index closing 17.53 points ahsed st 2,361.12 a full 10 points above the previoua high of Oct 28. Volume was little changed but heavy at fractionally more than
    152 words
  • Page 1 Advertisements
    • 137 1 Cahners Exposition Group CE3 The Exhibition People f I FOR HOME BUYERS Once you've found your dream home, the next thing you have to look for is a good housing loan. Look to International Bank of Singapore. At IBS, our housing loan scheme is designed to make it easier to
      137 words
    • 264 1 @>+<)$@_},(.;_'_+\&(.&"_$>@!/?] See Page 8 \mm SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV ft RADIO OUR VIEW ACCOUNTANTS IN SINGAPORE ore a frightened lot. They fear being caught advertising. And they fear advertising because they fear competition. Experts from other countries, speaking from experience, have often assured
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    • 171 1 %`;'&_*<|'};=.%:'(~${$/)|!)~(<% Full report, Page 13 Asian stocks, Paga 11 Intl stocks, Paga 10 Shipping Timet comet at a separata section today. Make aura you get your copy. > mm im <*%• mm ANEW LOOK, A NEW LIFESTYLE. If you are looking to stay in Singapore for a few weeks or
      171 words

  • HOME NEWS
    • 445 2  -  By AMY BALAN THE SINGAPORE Society of Accountants (SSA) is reviewing its advertising policies and a report can be expected in the next three months. This was disclosed yesterday by SSA registrar and executive director Lam Peck Hang. He added that the SSA is
      445 words
    • 123 2 FIRST DEPUTY PRIME MINISTER Goh Chok Tong is to deliver the first Alumni International Singapore lecture on Dec 1 at the Shangri-La Hotel. His speech is entitled A Developed Economy, A Cultivated Society, A Nation Of Excellence. Professor Brian Lee, the president of
      123 words
    • 168 2 SOME 300 chief executives and personnel managers will get a good start to their day this week by having breakfast with a minister and listening to a talk on corporate social responsibility. The Community Chest is organising two breakfast meetings this week for public and
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    • 104 2 IF CHILDREN can't visit Santa's workshop in the North Pole, the next best thing is to build one here. Raffles City is spending $400,000 to do just that. Spread over 1,100 square metres in its shopping centre atrium will be "Santa's Village" featuring
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    • 285 2 THE FACT THAT half of the people in a recent survey said they did nothing to improve productivity must be made known, National Productivity Board chairman Mah Bow Tan said yesterday. In drawing notice to this survey finding, it was not the NPB's aim
      285 words
    • 46 2 DIESEL at the pumps will cost 36.5 cents per litre today, up 1.7 cents. The Ministry of Trade and Industry said the price rise was due to increases in the diesel prices posted by oil companies. The pump price of petrol remains unchanged.
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    • 218 2  -  By MONICA GWEE THE STRAITS Steamship Group has announced a profit sharing scheme with a year-end variable bonus as an incentive for all employees to improve the group s performance. A part of the group s annual pre-tax profit will be paid to eligible employees at
      218 words
    • 224 2 A THRIVING biotechnology industry needs people trained in both engineering and biological sciences. But there is no definite guideline on how such people can be trained. If all goes well, a National University of Singapore symposium on Saturday may provide some of the answers. The
      224 words
    • 72 2 THE Singapore Institute of Personnel Management is organising a half-day forum on Wage Reform this Saturday. The speakers for the forum are Stephen Lee, vice-president of Singapore National Employees Federation; Lai Tat Yuen, deputy director. Conciliations of the Ministry of Labour; Lew Syn Pau, assistant-director (Industrial Relations)
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    • 274 2 BRAD MCELROY has been appointed the general manager, Singapore and Brunei of DHL International (S) Pte Ltd. Mr McElroy takes over from Ross Allen who has been appointed global bulk mail coordinator, based in London. Mr McElroy, 32, has been f with DHL for nine years. Before
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  • Page 2 Advertisements
    • 427 2 Leader, Page V# t Prompt pick-up anddeTwery 24 hours a day V SHOULD BE HUE SfflM6 DOWK DINERS SDUtDMG UP. Stand up and take a good look at the new Volvo 240 and its affordable PARF price of only $68,542. At this price, wouldn't you rather have a Volvo? Even
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  • ASIA-PACIFIC
    • 341 3 AP THE OIL INDUSTRY can expect the prices of oil to stay around US$l5 a barrel during the next six to 12 months, according to a world oil study. World Oil Trends, a report by Arthur Andersen and Co, an accounting
      AP  -  341 words
    • 208 3 AFP SHEIKH Ahmed Zaki Yamani, ousted last month as Saudi Arabia's Oil Minister, is barred from leaving his country, according to Mid East Report, which quoted informed Saudi sources on Monday. The usually well-informed publication said that Sheikh Yamani, who served as
      AFP  -  208 words
    • 140 3 AFP THE PHILIPPINE economy grew by 2.5 per cent in the third quarter this year, boosting hopes for slight overall growth in 1986 after two years of sharp decline. The National Economic and Development Authority (NEDA) now sees a 0.6 per cent gross national product growth
      AFP  -  140 words
    • 206 3 AP ECONOMIC EXPERIMENTS in worker ownership and other areas have increased the prosperity of China's northern industrial city of Shenyang, a Chinese newspaper said. Fifty-two of Shenyang's businesses are at least partially owned by individual shareholders, most of whom work at enterprises in which they own
      AP  -  206 words
    • 296 3 AP THE QUALITY and technological level of Chinese industries are improving with the adoption of international standards and projects to upgrade the country's technology, senior economic officials said. Chinese factories will introduce 500 international standards next year in addition to the 2,500 adopted
      AP  -  296 words
    • 506 3 AFP A SUBSTANTIAL INCREASE in Japanese investment in overseas production facilities is vital for overcoming current economic imbalances between the United States, the European Community and Japan, a French economic research body said on Monday. It also said "the principal danger" facing Europe was a
      AFP  -  506 words
    • 251 3 UPI THE CHAIRMAN of the US House Ways and Means Committee, Dan Rostenkowski, said Asian cooperation would help but the mood in Congress is to pass a stiff trade bill early next year. The Illinois Democrat on Monday said he and 13 other Congressmen
      UPI  -  251 words
  • Page 3 Advertisements
    • 125 3 T ••£#s* t V, i i M #*Si; iv '1 s^>- k i> c .£t.%~ t ,w■i <■"■■&. t w wnmetakMyLanpm. A range 1 I fc uxdkts and reversabk belts W r, beautifully stitched and crafted in w carMbf selectal fme katkrs .3 A h,- Sfcfcfci:- beautifully stitched and crafted
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  • Page 3 Miscellaneous
    • 51 3 hutvcjvu ORTIZ. FREEDOM RWTER.HKAM6UAN DEMOCRATk: Fates. BY GARRY TRUDEAU i r INEBDSOME OKAY. YOUIL MIL/TAW A9St5- NEED ABOUT 8 TANCS. A9OUT24 GMJTBSPER. ANTIPERSONNEL THESALESM* LANDMINES. OUT MM POOL. imA P3 fag. ALSO, COULD I HAVE MY HUMANITARIAN AIP HOW 7 1 PONT KNOtIHHY THE HELL NOT. 'it W =.A.« 3;
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  • REST OF THE WORLD
    • 440 4 Chairman calls for non-protectionist spirit to prevail at talks Reuter WORLD TRADE is expected to grow by a modest 4 per cent this year, due partly to continued weakness in energy and commodities markets, the chairman of the 92-nation Gatt trade body said. Kazuo
      Reuter  -  440 words
    • 377 4 FT WATER POLLUTION caused by the intensive use of fertilisers on farms is expected to grow in the next few years into a major environmental problem, which could cause unacceptable health hazards if it is not brought under control. This warning
      FT  -  377 words
    • 350 4 Reuter A WHITE HOUSE task force is close to completing work on a package of proposed budget reforms for President Ronald Reagan to include in his January State of the Union Speech, administration officials say. Under consideration are some past Reagan administration goals, such
      Reuter  -  350 words
    • 263 4 Reuter THE EUROPEAN Community (EC) has pledged to improve its alarm and information system in case of industrial hazards following accidental discharges of chemicals into the Rhine River. Diplomats said the environment ministers, who discussed ways of coordinating the fight against pollution,
      Reuter  -  263 words
    • 769 4 ARRIVALS Operator S*rvic* numbor Local Hnw From SIA SQ103 0950 rut CPA CX710 1015 CGK IU 8M21 1030 IWN GtA GA960 1100 CGK SIA SQ105 1105 kin. SIA SO 201 1145 CGK U8 UI231 1145 ftGN THAI TG403 1155 8KK SIA SQ191 1155 PEN SAS SK971 1230
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  • Page 4 Advertisements
    • 361 4 •MtWNwWMM .v >•; .•.:•».•> v>: 3S The new NEC APCIV It grows on you. If you've discovered the limitations of other PCs you'll find the new NEC APC IV offers the perfect solution with all the winning features you've ever wanted in just one PC. Fully AT-compatible in hardware and
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    • 54 4 1 —x 11 ~T The business fjerson's choice, I Jl /II J ev^VTuesdaVtJFhUTSday.;Saturday I Yl 1%/ I I y-\| and Sunday. Lflbvrfig "Changi Airport I J\- V -LI AL VL at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. Effective
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  • RAW MATERIALS
    • 848 5 COFFEE Robusta futures rose towards session highs in late trading on Monday, ending a fairly routine day with gains of £35 to £87 a tonne. The late advance was triggered by short-covering following a report from Brazil of resurging drought fears in coffee areas. Uncertainty over Brazil's coffee
      848 words
    • 309 5 RAS prices In S CMk/kg, FOB In bmtm 1 NOON CLOSE Buyors Sailors Buyors Sellers Irrt 1 RSS Prompt 176.50 177 JON 177.00 178.00N lot 1 RSS Doc 86 176 JO 177 JO 177.00 177 JO Int 1 RSS Jon 87 174.75 175.25 174 JO 175.00 bit
      309 words
    • 85 5 (canh/kg, -ton pi otWta) DEC 86 JAN 87 (currant month) (forward month) NOON NOON RAS tvyan 5>IUn Bvywn Mmn SSI 30 166.50 168. SON 167 JO 169 JON ssi 50 163 JO 165 JON 164.50 166 JON MRELB luytn SMm f-M SMI CV 276.50 278.50N 377JO 379JON
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    • 103 5 THE PRICE of tin on the Kuala Lumpur Tin Market recovered four cents to M 516.10 a kilo on renewed buying demand. Dealers said the overnight fall in the European free market failed to dampen sentiment as further strong buying from Europe, coupled with small
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    • 272 5 SINGAPORE The rubber market closed lower yesterday with December One RSS buyers quoted at 177.00 cents/kilo, down 1.25 cents from Monday. The morning session lost 1.75 cents on some long liquidation and lack of fresh offtake. Prices were little changed in early afternoon trading but recovered slightly towards the
      272 words
    • 142 5 ChliMM Produce Exchange mm i IimIiiii orioM on Nutmeg 110 FOt NSW tWF FOt NSW 1405.00 1289.00 Nov 25 (SS/100 kg). Coconut oil Mk FO» Otd drum FOt Now drum FOi Copra Mixod (Ioom) Pepper Muntok Whho F08 NIW VAAjk* jorowoi FOt foq NLW 66.00 76.00 86.00 33
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    • 66 5 Bangkok (USS/torra, FOB) White Rke 100% 1« dou 250 100% 2nd dou 215 100% 3rd dm* 210 5% 200 10% \9$ 1.5% 190 20% 180 25% 175 35% 175 Broken Rice A-1 Super 123 A-l Spatial 120 C-l Sptdd unq C-1 Ord unq Loonzain Rice 100% 1« (rod* unq
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    • 156 5 WHEAT futures in Chicago closed 2% US cents to one cent a bushel higher on Monday after a quiet, featureless session. Bull spreading boosted nearbys in lowvolume trade, but concern that deliveries would be heavy on First Notice Day on Friday limited gains in the December contract. Expectations that
      156 words
    • 186 5 THE crude palm oil market yesterday closed slightly easier on lack of encouraging factors and continued absence of overseas enquiries in quiet trading. The easiness was also attributed to a lack of clear direction while Monday's uncertain Chicago soybean futures closing dampened sentiment. Nov delivery in the south
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    • 117 5 OIL PRODUCTS NAPHTHA weakened sharply in view of falling crude prices and a weak European market. Jet firmed upon good Japanese winter demand. Fuel oil showed faint signs of tapering off because of good supplies from high processing levels and partly duo to the Saudi announcement that their crude production
      117 words
    • 122 5 SOYBEAN futures in Chicago cloaed mostly lower on Monday after a quiet session, finishing 2% US cents a bushel lower to Vt cent higher. Poor soybean crushing margins continued to weigh on prices amid trade talk that some processors were taking downtime because margins were unprofitable. Weakness in basis
      122 words
  • Page 5 Advertisements
    • 234 5 Hexagon brings the financial market-place to your office. u ill! t Hexagon MARKET INFORMATI v To keep one step ahead in the money market, you need accurate information and you need it fast. Hexagon, Hongkongßank's corporate electronic banking system, brings instantly to your screen the current state of both local
      234 words

  • BANKING AND FINANCE
    • 549 6 MBT BANK BUMIPUTRA Malaysia announced on Monday a loss of M 5291.2 million for the 15 months ended March 31. At group level, the loss amounted to M 5267.6 million. After including an extraordinary item which represents the cost of funding certain debts previously borne
      MBT  -  549 words
    • 123 6 AP THE NEW American Eagle silver dollars were snatched up quickly on Monday and the initial supply of 1.4 million coins was gone within hours. Officials at the US Mint said the demand for the silver coins matched the frenzy generated a month ago
      AP  -  123 words
    • Article, Illustration
      131 6 THE OVERNIGHT rate on the Singapore interbank market closed at 2 1/8 per cent yesterday, down 3/8 point from Monday. One- and two-months were down 1/16 point. Three-month was unchanged. Indicates the average of the prime lending rates of 12 major banks in Singapore S$ Interbank rates at
      131 words
    • 270 6 ASIAN dollar deposit rates closed quietly steady at opening levels yesterday. Activity was slow the whole day as most operators were sidelined due to lack of fresh factors and ahead of yesterday's release of US October consumer price index and durable goods orders. Short-dates were mostly steady
      270 words
    • 170 6 Interbank rates at 3pm yesterday: Local dollars to BM Offer a re pert* c**nge on* unit of foreign currency: US dollar 2.1940 2.1950 2.8196 -22.19 Starling pound 3.1012 3.1048 7.3469 -5779 Australian dollar 1.4195 1.4223 3.4286 -58.60 NZ dollar 1.1386 1.1414 3.4286 -66.79 Canodian dollar 1.5829 1.5842 3.4206
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    • 827 6 SINGAPORE: THE US DOLLAR closed lower against most major currencies yesterday in thin and nervous late trading, reversing its earlier steady trend. The dollar fell in the afternoon on light Japanese and European selling on speculation that US October durable goods orders would show a fall of about
      827 words
    • 302 6 HONGKONG: Gold closed firmer on moderate local buying interest in fairly active trading yesterday. Dealers said gold had gained strength technically as it has proved to be well supported at the US$37B level. US traders tended to stay on the sidelines ahead of the Thanksgiving holiday to- morrow.
      302 words
    • 174 6 Reuter VENEZUELA'S latest proposal for handling US$7.B billion in private-sector debt is an improvement over its previous scheme, but bankers are worried about the plan. Bankers have insisted on an equitable way of treating the private sector's debt as a precondition of discussing Venezuela's request
      Reuter  -  174 words
    • 585 6 BA Futures DECEMBER US T-Bond opened higher than the previous close at 100.10 following the firm close in Chicago on expectation of weaker economic figures and lower oil prices. Profit-taking saw prices slipping to a low of 100.06 in quiet trading. But the market backed up towards the close
      BA Futures  -  585 words
  • Page 6 Advertisements
    • 195 6 The Philips Observation System helps you catch thieves in die act. The new Philips Observation System available now at the dealers listed below. The system consists of the following. A black and white 12 "TV monitor, a camera with a 16mm lens, a built-in microphone, a wall bracket for easy
      195 words
    • 52 6 OLYMPICS QUICK-HOP TO ATHENS Us 4' A WISE CHOICE Twice a week, the fastest and only non-stop from Singapore to Athens. Enroute, relax in the sheer comfort and luxury of our Jumbo flight. For enquiries and reservations, call 225 8877. &ot.irmw»wc 4 ar a r s 32 The International Airline
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  • TRAINING & DEVELOPMENT
    • 485 7 Seminars and r m mm 15-17 January 1987, World T rade Centre, courses KU Ml fa> Singapore. f 1* 't. DURATtON Dec 8-10 Dec 8-10 Dec 8-10 Dec 9-18 Dec 11-12 Dec 11-23 TITLE Financial Manogement Analysis Professional Selling Skills (PSSIID Specking and Presentation Excellence Polymer Characterisation by
      485 words
    • 345 7 THE GENEVA-BASED International Management Institute will conduct two high-powered seminars for key corporate executives at the Westin Plaza from Dec 1 to 5. The International Seminar for Board Members, from Dec 1 to 3, will look at a variety of topics of
      345 words
    • 511 7  -  »y LEE HAN SHIH THE Skills Development Fund grew by $19.3 million to $663.4 million in the last financial year. This waa in spite of the rate of contribution being cut by half. The SDf managed to turn in a surplus in the 1965/86
      511 words
    • 1163 7  -  Consistently high standards a vital key to survival By TSANG SAU YIN IN SINGAPORE, where the hotel sector is overbuilt and where competition for a market share is fierce, a newcomer has to think very hard to carve out a niche for itself. Sheraton Towers, which opened
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  • Page 7 Advertisements
    • 57 7 Public Lectures by Emeritus Professor David Solomons Lee Kuan Yew Distinguished Visitor Topics Dates 1 Accounting and Social Wednesday, Change: A Neutralist 3 December 1986 View 2 The Conceptual Friday, Framework of 5 December 1986 Accounting: The Gap Between Potential and Achievement Venue: Lecture Theatre 11, Kent Ridge Time: 6.00
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    • 11 7 ste 3^ \oo d< eS tbepVs^at'sO^ fT I%' Jp V* »»,V--,t^
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  • FEATURES
    • 498 8 BT ONCE RECEIVED a letter from a firm of public accountants announcing a seminar which it was organising. One sentence was emphasised. It read: "Please do not say we are public accountants". Accountants in Singapore are a frightened lot and one of the things they
      498 words
    • 1747 8  -  Criticisms are being levelled at the poor standard of corporate disclosures in Singapore, with the fiercest aimed at public companies which stick rigidly to private ethics. LORETTA McLAUGHLAN discusses the case for a better and more efficient flow of information from listed companies to the
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  • Page 8 Advertisements
    • 90 8 LONDON AMSTERDAM FRANKFURT DUBAI 1 CUWAIT )HAHRAN TOKYO MADRAS TRIVANDRUM HONGKONG 'TIRUCHIRAPALLI /y BANGKOK ■Colombo vUALA LUMPUR MALE" 1 1 r On Mr Lanka ymccm select from 72 flights c week, to 23 destinations an the Wings of Paradise. Whichever flight you select youll experience the gentle warmth of those
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  • Page 8 Miscellaneous
    • 691 8 CRYPTIC PUZZLE ACROSS 1 Very pretty. I imagine (5) 6 Like ribs one can do without? (5) 9 The hare possibly seen on the moors (7) 10 Monkish custom? (5) 11 He can duplicate a letter in 24 hours (5) 12 Set out to be a warmhearted chap (5) 13
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  • SPORTS
    • 346 9  -  By WALTON MORAIS RIDING ON a hot streak, Mikiko Ohta grabbed her fourth title in seven days when she won the Malacca Open women's golf title last Sunday. With a two-day total of 158, the Japanese expatriate beat former Singapore Open
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    • 328 9 Reuter THE EIGHT-PLAYER DRAW for the season-ending US$5OO,OOO Masters tennis tournament will not include an American for the first time in 16 years, organisers said on Monday. The elite eight-man Masters field was completed over the weekend when American Jimmy Connors failed to pass Andres Gomez
      Reuter  -  328 words
    • 136 9 Reuter THE RACING PARTNERSHIP between trainer Michael Dickinson and British millionaire owner Robert Sangster has ended after only 18 months because of fundamental differences, Sangster said in London on Monday. Sangster put former threetime champion steeplechase trainer Dickinson in charge of his lavish training complex
      Reuter  -  136 words
    • 578 9 UPI THE INTERNATIONAL JURY overseeing the America's Cup defender races has said that a request from the Kookaburra syndicate to reopen a protest hearing disqualifying Kookaburra II is under consideration. Jury chairman Graeme Owens said on Monday in Fremantte that the panel would
      UPI  -  578 words
    • 459 9  -  By JEFFREY TSANG IMPROVEMENTS in future powerboat races are definitely on the cards but drivers and organisers of the first Singapore Inshore Powerboat Race are well satisfied with the premier event. "The circuit was just superb," said Fonda secretary David Parkinson. "It was a
      459 words
    • 172 9 Reuter PAKISTAN'S Jahangir Khan avenged his shock defeat by Ross Norman at the World Open squash championship earlier this month by beating the New Zealander 9-4, 9-10, 9-4, 9-4, in the Swiss Masters final on Monday night. Jahangir, unbeaten for five-and-a-half years until Norman toppled
      Reuter  -  172 words
    • 71 9 UPI GEORGE BRANHAM 111 became the first black champion in the history of the US Professional Bowlers Association by winning the US$2OO,OOO Brunswick Memorial World Open. "Winning made me feel real good inside," said Branham. The Californian bowler edged top-seeded Mark Roth 195-191 in Saturday's championship
      UPI  -  71 words
  • Page 9 Advertisements
    • 119 9 ORf EVRES A PARIS 5 T DUrONT DISTRIBUTION FTE LTD *OAD NO 07-Of TO 07-03 HKJH ST*t£T CENT*£ Season of the Hunt V r- ■j V a* 1 «< •*uf Since time immemorial, the hunt has been an exciting sport in Europe. This event culminates in a feast where the
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  • Page 9 Miscellaneous
    • 1109 9 CROSSINGS 9.91pm, Channel 5 France is invaded by German troops. Armand, fearing for the safety of Liane (Cheryl Ladd), arranges her passage to America, while he stays behind, hoping to save his beloved country by pretending to betray it. Lee Horsley (left), Jane Seymour, Christopher Plummer, Joan Fontaine, Joanne Pacula,
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  • INTERNATIONAL STOCKS
    • 328 10 Reuter GILLETTE CO saved itself from a takeover by Ronald Perelman's Revlon Co but the result could be a much larger debt burden for the company and more acquisition bids in the future. Wall Street analysts said. Gillette announced on Monday that
      Reuter  -  328 words
    • 156 10 Reuter PEPSICO INC has reorganised its beverage and snack foods operations, which account for twothirds of its business, creating two major groups Pepsico Worldwide Foods and Pepsico Worldwide Beverages. The company also said it expects growth in its three consumer businesses beverages, snack foods and
      Reuter  -  156 words
    • 361 10 Reuter STOCKS CLOSED HIGHER on Monday for the third straight day as the market continued to be driven by issues with strong fundamentals, primarily blue chips. The Dow Jones Industrial Average rose 12.51 to 1,906.07. The average share price rose 19 cents. Advances
      Reuter  -  361 words
    • 144 10 NOV M AbttitH C 1 28 A Imp OHUa Inco Int Prov Pipa 47% 17% 39* V, Alcan Alum 43% lu InU 20% Algoma St) 11% Bank Nova Scotia Bank Of Montr sal Ban Canada. 16% 3314 37 unch McMil BkJi Molaon A 40'/. 22% 20* Bp Rfiovrrtf 36'/.
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    • 199 10 NOV M RANO Truat 6k 135 uncti Un Staal 60 -2 MOUt (TRIALS Wooltru 1450 A Alpha ***** MMM KM Abarcom 275 uncti Anglos 6450 100 Aaci 1475 -25 Angvaal igsooe uncti isr op 4256 4675 Blyvoor Buffats 2150 8100 uncti 100 1900 25 1700 C G Smith 2700
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    • 656 10 Alcan Alumin Alcoa 31 35 IS y. Allag Ml 13 V, -1 AH tad S4« 41 y. AHiad Storaa <3 K Altia-Chaifnars Am Brand* 1MB... Am Can Co 2% 43 86* I 1 ■in un eti ch IV, Am Cyintmid.. 4 iy Am e£k pwr..:::: 29 V. Am
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    • 748 10 Amsterdam MOV M FLS ABH 563 00 7 Aaoon Ahold •6 00 113.90 1 3.3 ***** 1.4 I I PI M 148.00 ...77.90 96 SO 127 40 30 00 175.20 147 00 «d« 234 00 708 00 unch 1 1.3 1.9 -1J 2 2 -2 +2 249 00
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    • 43 10 Reuter GLAXO HOLDINGS PLC said Morgan Guaranty Trust of New York advised that its nominee. Guaranty Nominees Ltd, now holds 56,897,208 Glaxo shares. Morgan reduced its holding to 60.37 million shares from the 66.96 million in Aug this year. Reuter
      Reuter  -  43 words
  • Page 10 Advertisements
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      435 words
    • 124 10 London slocks on Pago 15 i' SJ And now, for your great pleasure, may we present our clever combination of culinary craft and calisthenic capabilities, the incomparable Long Jiang Sichuan Prawn Roll. Send one tumbling through a succulent sauce. Sensational. Come for lunch or dinner anyday. l/J 9WMZ HOTEL 270
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  • ASIAN STOCKS
    • 393 11 HONGKONG: Share prices closed with pared gains yesterday but the Hang Seng Index still ended at a record closing high in fairly active trading, brokers said. The Hang Seng Index rose 17.53 to end at 2,361.12, its highest since October 28 when it finished at 2,355.93. The Hong Kong
      393 words
    • 215 11 NOV 29 NT 2 06 0 04 Kolin Kuochan Dev Lee Chang Yuan 25 40 22.00 30.00 -0.1 -0.2 06 27 80 -0.2 24 40 1.1 .33 80 -0.2 Nan Ya PI as 34 70 40 40 0.1 21.10 •01 Chang Loooq Chia Main Cement. 27 00 25.30 11
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    • 471 11 Reuter TOKYO: Prices closed higher yesterday in thin trading following the advance of Wall Street's index be- yond 1,900 and the weakness in the yen, brokers said. The market average rose 99.27 to 17,747.50, but had gained as high as 17,789.00 soon after the open. It was the index's
      Reuter  -  471 words
    • 88 11 MOV 28 Acoje Mining. Anglo Phil Apex Mining B Atlas Con. S PESOS fMars tee I Oriental B Phil Overseas. 0 024 .0 028 unch unch 0 024 24 0.001 1 Philex B Picop B PLOT 036 272 50 -0.01 7.5 Baguio Gold Basic Petroleum Benguet Con. B... 0
      88 words
    • 410 11 SYDNEY: Australian share markets yesterday closed stronger as bullish sentiment pushed up industrial stocks and gold issues recovered from Monday s losses following a higher bullion price overnight. At the close, the All Ordinaries Index was up 13.2 at 1,350.8 while the All Industrials Index was up 17.3 at
      410 words
    • 122 11 NOV 28 WON IKai 1250 -40 Kangwon Ind Kia Motor 1040 1670 -X) -50 MS -5 Koton Ind 1920 -30 Daewoo Corp Daewoo Heavy Deiahin Securities Dong Ah Ptiar Dong Suh Slock 1160 -19 -25 unch urtch -6 Korea Long Term 1569 1619 1320 1797 12S0S 1060 29 1375
      122 words
    • 134 11 NOV 2> BANT Ao Kham Thai Siam Camant Siam Citizana. Siam Citizana Laaaing 771 auap map -t-30 am Mora Ayudhya Invaatmant Bangkok Agro-lnd Bangkok Bank 203 43 25 256 unch -0.5 2 Siam City Camant Siam Commarcial 566 720 6 24 Bank 01 Ayudhya Charoong Thai Wlra ft Cabla
      134 words
    • 63 11 Reuter THE HONGKONG government-owned Overseas Trust Bank had a net loss of HK5266.04 million for the fiscal year ended June 30 against a $3.05 billion loss the previous year, chairman David Nendick said. He said the bank, taken over by the government in June after
      Reuter  -  63 words
    • 282 11 UPI SUMITOMO BANK, which will acquire minority interest in Goldman, Sachs and Co of New York, said yesterday it remained as Japan s most profitable bank for the half year ended last September. The company said its net income for the six-month
      UPI  -  282 words
    • 222 11 AP BANK OF AMERICA, the second largest bank in the US, believes China will honour its debts and the bank will expand its staff handling business in China, a top bank executive said. "Past experience told us that China can manage
      AP  -  222 words
    • 192 11 Reuter TRADING in shares of Cable and Wireless PLC of the UK will begin in Hongkong tomorrow in lots of 100 shares quoted in Hongkong dollars, finance director Ernest Potter said in the British colony yesterday. He said at least HK$2O million worth of shares
      Reuter  -  192 words
    • 94 11 AP SEIBU DEPARTMENT Stores and Jaguar PLC of Britain have formed a joint venture to market Jaguar cars in Japan, the two companies announced on Tuesday. According to a spokesman for Jaguar, Seibu will not sell the cars through its department store
      AP  -  94 words
    • 93 11 AFP MITSUBISHI CORP. one of Japan's biggest trading firms, yesterday named Shinroku Morohashi, 64, as its new president. Mr Morohashi's appointment was approved at an emergency board of directors' meeting following the death on Saturday of president Takeo Kondo. His appointment came only a few days
      AFP  -  93 words
  • Page 11 Advertisements
    • 146 11 Ff«P; #i=s> Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado. Sate (Satay). spicy Rendangs, Ayam Goreng, Chendol and more! Tickling your palate with an authentic Indonesian cutsine-is only half the experience. The other half is just being there. iUIMMAfiIMII -INDONESIAN RESTAURANTI.KYKI.
      146 words
    • 133 11 I I 1 A 1 mat V. p Your evening begins... .at the Fountain Lounge. The popular meeting place to unwind before dinner with a cocktail and friends. Musical entertainment from 5 pm Happy Hours from 5 to 8 pm daily. Enjoy one drink free with every one ordered; while
      133 words
    • 131 11 m Oriental Buffet Nov 15 30 Lunch Dinner Adult: $12.00- Child: $7.50- High Tea Buffet/ Saturday High Tea Fashion Show Daily 3pm 6pm Only $6* (P® ExccKior Hotel 5 Coleman Street. Singapore 0617. Tel: *****33 Meals at Cafe De Grand are twice as good. M rw- -V •7 114 f
      131 words
    • 156 11 Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at $10.50
      156 words
    • 106 11 $12.50 Chudren belOA 12 yea BUFFET-LUNCH COMBINING THE BEST OF EASTERN A WESTERN DISHES Calm-Court Peking I i 19, Cairnhill Circle, Singapore 0922 Tel: *****22 Telex: RS ***** y J Our Daily Specials! A sumptuous 3-course western or local menu, different every day. for lunch and dinner awaits you What
      106 words

  • Page 12 Advertisements
    • 52 12 We are now known as: COMMERCE INTERNATIONAL MERCHANT BANKERS BERHAD We are now at new and bigger premises: 20th Floor, Pernas International, Jalan Sultan Ismail, ***** KUALA LUMPUR. P.O. Box No. *****,***** KUALA LUMPUR Telephone No: *****11 Facsimile No: *****01 Telex No: MA ***** PEBSAM WE ARE MOVING ON WITH
      52 words

  • SHARE INFORMATION
    • 4128 13 SHARE PRICES on the Singapore stock market staged a strong recovery yesterday on bargain hunting and short covering activities. Most quality stocks posted fairly good gains and even the bank stocks, which were under selling pressure following reports about the Brunei
      4,128 words
    • 232 13 0 1 s o c c GaMtgi M»tro Hid M lonktnf S 1 A M Irtww M«ml lo> Y H S OMStar. FIN s r h Spore Lor OUE out"" Rahman M CabtM KHngha* < CMS ooc Maybank OotMrq 1X3* FAN SINGAPORE Rifios Indict! lllOvO n 24
      232 words
    • 3651 13 810 and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,651 words
    • 244 13 LINGUI DEVELOPMENTS Berhad: 18th AGM at 3rd Floor, Wisma Huajiang, Jalan Hang Lekiu, Kuala Lumpur today at noon. KUMPULAN EMAS Barhad: 13th AGM at Kristal Suites 1 2, 1st Floor, Petaling Jaya Hilton, No 2, Jalan Barat, ***** Petaling Jaya, tomorrow at 3pm. ASIATIC DEVELOPMENT Berhad: EGM at
      244 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 563 14 WICO FT BANQUE INDOSUEZ. the large internationally oriented bank owned by the French Suez financial group, is to pay between US$5O million and US$56 million for Wl Carr (popularly known as WICO), the stockbroking subsidiary of Exco International. The French bank is
      FT  -  563 words
    • 103 14 HONGKONG Hongkong Index Tuesday *****4 Monday 1488.53 Week ogo 1428.80 All Industrials Tuesday Monday Week ogo NEW YORK ***** 2132.7 ***** Hong Seng Index Tuesday 2361.12 Monday 2343.59 Week ago 2249.97 Dow Jones Monday Friday Week ago *****7 1893.56 *****2 TOKYO Nikkei Average Tuesday *****.50 Saturday *****.23 Week
      103 words
    • 237 14 Managers' prices MARA-Bumlputra for Nov 26 First 6'putra 514 521 Second B'putra 471 474 Singapore Unit Trust Third fi'putra Fourth B'putra 370 4 16 375 423 T)» Commerce 091 096 Fifth B'putra 2.49 174 The Sovings Fund 0 82 088 Sixth 6'putra 174 2.79 S'pore frog Fund 0
      237 words
    • 191 14 Reuter SWISS BANK CORP does not expect its 50 per cent owned Japanese securities company to turn a profit in its first year, although it could do so thereafter. General manager and executive board member Werner B Schick said the
      Reuter  -  191 words
    • 455 14 THE NATIONAL Companies and Securities Commission of Australia is investigating share dealings in three companies connected to Sydney-based Malaysian businessman Lee Ming Tee. They are Sunshine Australia Ltd. Enacon Ltd and Hastings Deering Corporation Ltd. According to a report in the Australian Financial
      455 words
    • 344 14 COMMERCE INTERNATIONAL Merchant Bankers is to focus its attention on privatisation projects to boost its fee-based income in the future. Its chief executive, Dr Munir Majid, said that the merchant bank, which changed its name from Pertanian Baring Sanwa, had been involved in a
      344 words
    • 133 14 AFP NESTLE, Switzerland's largest industrial group, mads sales of 31.6 billion Swiss francs (US$lB.7 billion) in the first 10 months of the year, a 10.9 per cent drop compared with the same period in 1965, the company reported yesterday. The drop was
      AFP  -  133 words
    • 434 14 BARGAIN-HUNTERS brought some life back to the Kuala Lumpur stock market yesterday after a week of lacklustre trading and share prices closed moderately higher across the board. Property and finance stocks featured strongly and a few of them were actively traded. Several industrial situational stocks also
      434 words
    • 2161 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified INDUSTRIALS AJbtomoto rwwsi AJcom 1818 81 SSI ID 81 (111
      2,161 words
    • 550 15 MBT, NST THE EMPORIUM GROUP is to resume discussions with other interested parties on a possible sale of its Malaysian operations now that Lion Corporation Bhd is out of the picture. Separately, in a major costcutting exercise, the retail group is closing 11 of
      MBT,; NST  -  550 words
    • 248 15 SELANGOR DREDGING Bhd said it may appeal to the Capital Issues Committee over the rejection of Its proposed one-for-four rights issue first announced in June last year. The proposed cash call would have raised Msl7 million for the company. The CIC did not offer any
      248 words
    • LATEST RESULTS
      • 140 15 Group profit after tax and minorities of M 513.06 million ($30.14 million) on turnover of $59.94 million ($62.89 million) for the year ended Aug 31. 1966. Earnings per share: 10.1 cents (23.3 cents). There was an extraordinary gain of $46.65 million ($43.13 million) arising from the sale
        140 words
      • 118 15 Group profit after tax and minorities of M 520.01 million ($45.32 million) on turnover of $262.95 million ($447.17 million) and investment income of $10.29 million ($10.96 million) for the six months ended Sep 30, 1966, giving earnings per share of 4.7 cents
        118 words
    • 228 15 Company RIGHTS ISSUE ABN One-for-ten Bedford One-for-one $0.50 pw share Choon Hop One-for-two $1 20 per share with TSt to subscribe 1 further share at $1.60 exercisable any time within five years from the date of issue of the 50.2m new rights shores D C Bank One-for-two $050
      228 words
    • 101 15 AP TWO TOP EXECUTIVES at Intelsat, the international consortium which provides a global satellite communications system to 170 user nations, have been suspended on paid leave following an alert by Intelsat's auditors, Peat Marwick Mitchell. The two officials are Richard Colino, Intelsat director-general and chief executive,
      AP  -  101 words
    • 965 15 Reuter EQUITIES lost ground in London at the opening yesterday as sterling, government bonds and crude oil prices eased but selling interest was modest, dealers said. At 11.00 am, the FT 30 Index was down 6.8 points at 1,275.8 while the FTSE 100 Index lost 9.2 points to
      Reuter  -  965 words
    • 378 15 NST. THREE EMTEX Corporation Bhd directors, who have been restrained from performing their duties in the company, have filed an application seeking to set aside the orders made against them last Thursday. P'ng Chiew Chuan, Tan Cheng Kay and Tang
      NST.  -  378 words
    • 476 15  -  By LORETTA McLAUGHLAN THE LATEST ENTRANT to the growing number of bond-issuing companies is United Overseas Land, which intends to issue $50 million 4.75 per cent unsecured notes due 1991 with detachable warrants. UOL is planning to raise the medium-term fixed rate funds
      476 words
    • 205 15 THE STOCK Exchange of Singapore has asked United Industrial Corporation to furnish more details on its disposal of 34.1 million shares in Tai Sang Development for HK$52.8 million. It wants to know the rational for the disposal, net profit attributable to the assets disposed of and details of
      205 words
    • 510 15 LAST FULL YEAR Company Period Da» Year Not EPS (owns) Grom dW Net profit katf yeor iroooi S J Amol Interim Dec 19 Mar 86 7.3 527 Ewrpww Corp Interim Mar 25 Jun 86 6751 Supremo Corpn Interim Mar 25 Jun 86 2.0 20 5,621 G 1 Hldgs
      510 words
  • Page 14 Advertisements
    • 336 14 HARRISONS MALAYSIAN PLANTATIONS BERHAD (INCORPORATED IN MALAYSIA) Tun Ismail bin Mohamed Ala (CHotrmon) Tunku Mansur Yoocob (Alternate M.A. St. Clair-George) J. Mcleod (Alternate A.A. Hodgkins) Abdul KhaM bin Ibrahim 2ain Azahari bin Zainal Abidin Datufc James S. Ong Mohommod bin Abdullah To the Members, 201-A. Jalan Tun Razak, ***** Kmlo
      336 words
    • 387 14 NOTICES At an Extraordinary General Meeting of Kyonlc Private Limited duly convened and held at 3S-B Hong Kong Street, Singapore 0166 on the 21st November 1988 the following resolutions be passed as Special Resolutions: "That the Company shall be wound up voluntarily by the members; and That Mr. Song Chwee
      387 words

  • Page 15 Advertisements
    • 213 15 AIRCRAFT WANTED! Nr-Mb is Merested in purchase of wel maintained Boeinf 747 SP/749-2008 aircraft powered by P and W JT9D Enfine (-71/-7Q preferred) with airframe hours not eiceedfaf 25,000 T.T. required MTOW in case of SP is 696,000 LB and in case of 8747-200 is tOO.OOO LBS. H you have
      213 words
    • 6 15 On target, Chart Point every Monday
      6 words
    • 59 15 LIVE AT CATHAY iKe Ct[ tS< ft 4? The Harlequins. Philippines winsome four are now playing Cathay s famous brand of music the perfect accompaniment to sumptuous Cantohese cuisine and supert? wines Come dine in an international supperclub setting and dance the niqht away The food is Chinese the mood
      59 words

  • 479 16  -  Former French premier delivers Singapore Lecture By SOH TIANG KENG, Financial Correspondent FRENCH ECONOMIC EXPERT and former prime minister Dr Raymond Barre last night called for effective international cooperation among governments and monetary authorities to resolve the debt crisis and balance of payments problems of
    479 words
  • 322 16 PEOPLE ARE TURNING more and more to economists rather than politicians to seek enlightenment and answers to their problems, Mr S Rajaratnam, Senior Minister (Prime Minister s Office), said last night. In his introduction of French economist and former prime minister Dr Raymond Barre as
    322 words
  • 105 16 Bernama THE MALAYSIAN government should review the proposal to channel gas to Singapore in protest against the recent visit of Israeli President Chaim Herzog to the Republic, a Johor state assemblyman said yesterday. Mohamed Aziz told the Johor State Assembly that Malaysia should not
    Bernama  -  105 words
  • 355 16 Reuter US INFLATION remained in check last month as consumer prices rose a slight 0.2 per cent after a 0.3 per cent gain in September, the Labour Department reported yesterday. The October increase was in line with analysts' expectations and means that the inflation
    Reuter  -  355 words
  • 271 16 THE WORLD'S first three Euronotes to be denominated in Australian dollars were launched in Singapore last night. The issuers were the South Australian Government Financing Authority (SAFA), the Local Government Finance Authority of South Australia (LGFA), and Bankers Trust Australia Ltd (BTAL). Kevin O'Donnell,
    271 words
  • 124 16 Reuter SOUTH KOREAN dissidents said yesterday that they would go ahead with a banned rally against President Chun Doo Hwan's government in spite of police warnings. Mr Huh Jin-Won, Director of Intelligence at National Police Headquarters, said that the police had banned the rally by
    Reuter  -  124 words
  • 346 16 Reuter US TRADE REPRESENTATIVE Clayton Yeutter haa said that the Reagan Administration has no target exchange rate for the dollar and yen and prefers market forces to prevail. Mr Yeutter also said on Monday that he hoped West Germany would
    Reuter  -  346 words
  • 66 16 AFP THAILAND'S Council of Economic Ministers has approved the establishment of an export credit guarantee corporation to help boost exports. Initial investment in the corporation would be US$6.l5 million, drawn from a windfall profit made by the Bank of Thailand after the baht devaluation
    AFP  -  66 words
  • 490 16 CHEN PING FANG, a director of the National Bank of Brunei, waa last night extradited to Brunei where he will face at leaat four charges of conspiracy to defraud and one charge under the Companies Act A judge yesterday morning gave an
    490 words
  • 73 16 Reuter COMEX GOLD FUTURES staged a smart recovery on buying by dealers yesterday morning after running through Monday's lows on selling by speculators. In a nervous market, gold for delivery in December was off US$O.9O at U*****.50 an ounce, rebounding from U*****.30 which took out Monday's weakast point
    Reuter  -  73 words
  • 59 16 Reuter WALL STREET stock prices were mixed yeeterday as blue chips inched higher but the general market continued to lag. Weak October durable goods provided some lift to bonds that helped stocks. The Dow Jones Industrial Average was up seven to 1913. Declines led advances by a
    Reuter  -  59 words
  • LATE FILE
    • 43 16 AFP BRITAIN recorded a £66 million current account surplus on its balance of payments in October, the British Department of Trade and Industry aaid yesterday. The reault put the account in surplus for the first time in three months.
      AFP  -  43 words
    • 39 16 Reuter HONGKONG had a trade deficit of HKS3S6 million in October after a aurplua of HKSI.62 billion in September, Ceneus and Statistics Department figures show. In October 1065, the deficit was HKS36B million. Reuter
      Reuter  -  39 words
    • 35 16 AP MEMBERS of an Indonesian delegation signed contracts worth US$64 million with Japanese partners in visits abroad last week, the chairman of Indonesia'a Investment Board, Mr Ginanjar Kartasaamita, aaid yeeterday. AP
      AP  -  35 words
    • 41 16 UPI SRI LANKAN officials yeeterday aaid they will peraiat with efforts to negotiate an accord with India to aettle their country's violent ethnic dispute in spite of the failure of a four-hour meeting this week. UPI
      UPI  -  41 words
    • 56 16 UPI POLICE in Briebane toiled an assassination plot against Pops John Paul II yeeterday. srraating a "madman" who allegedly planned to drop a Molotov cocktail on tha Pontiff at Briebane's City Hall. A spokeeman said tha euepect, a raoant mantal patient, was arraatad aavaral hours
      UPI  -  56 words
    • 63 16 UPI WILLIAM BUCKLEY, the first of nine Americana taken hoetage in Lebanon since 1964, ran the ClA's office in Beirut and was tortured by hie captors before he died last yeer, uw wTBSn/nffTOfr rtml rtpOTTM yesterday. Citing US sourcee, the paper eaid the CIA spent
      UPI  -  63 words
    • 43 16 UPI THREE MEN armed wttti a can of spray stole 330 million yen (US$2 million) from a cash delivery van parted in Tokyo and aacapad after carrying out the biggeet armoured car robbery in Japan, police said. UPI
      UPI  -  43 words
  • Page 16 Advertisements
    • 318 16 Th« illwr report not (fit I i'; T ;V|'':T;'»r» ,T I ll* •*-*-•-J' A 1 1 I m m i: Wf -j- j|.4^wiw The new Z-60. Ideal for the smaß office, and for those working at home V <smt v:-V'' -V Z-70 Copier Automatic Exposure every copy is perfect Colour
      318 words
  • Page 16 Miscellaneous
    • 35 16 Outlook: Showers ovtr Mvtnl araas In Hia lata morning, Rapoft foe 24 hows prior lo 7.30pm on Nov 2Sat tha airport Maximum tamparatur* tli Awoclatad humidity 62 Minimum tamparataira 24.2 Aaaodalad humidity 96 'wMwr waiiw»
      35 words

  • SHIPPING TIMES
    • 474 17  -  US Lines's round-the-world and trans-Atlantic services suspended By JUNE LIM McLEAN INDUSTRIES Inc and its shipping subsidiaries, US Lines Inc and US Lines (SA) Inc, have sought the protection of the US court from their cred- rtors. They filed for Chapter 11 of the federal
      474 words
    • 211 17 Bernama MALAYSIA SHIPYARD and Engineering Sdn Bhd (MSE) has temporarily frozen all overseas marketing missions as part of its cost-cutting measures in the face of economic slowdown. Its chairman, Haji Daud Taha, said MSE would instead depend on Malaysia's diplomatic missions overseas to clinch trade
      Bernama  -  211 words
    • 209 17 Seatrade Week A NUMBER of South Korean owners, including Hyundai Merchant Marine and Choyang Shipping, are discussing further finance for domestic newbuilding projects with Japanese trading houses. Hyundai has filed an application with the Korean Maritime Port Authority for government approval of lease finance
      Seatrade Week  -  209 words
    • PORTSIDES
      • 74 17 Reuter THE MOTOR BULK CARRIER Phoebus, which arrived in Chittagong with two hatches on fire, has been moved to a safer place outside the harbour, according to Lloyd's Shipping Intelligence. The 27,385-dwt Phoebus was en route from Colombo to Chittagong with 21,397 tonnes of coal
        Reuter  -  74 words
      • 108 17 SUBSTANTIAL CUTS in the number of crew members on Norwegian support vessels and drilling rigs have been proposed by the country's shipowners' association. An action plan drawn up by the Norwegian Shipowners' Association suggests a reduction from eight to seven in the number of crew
        108 words
    • 458 18 Reuter A DUTCH SALVAGE TEAM raced against time yesterday to save a crippled Hongkong freighter as the Irish and British governments launched investigations into the shipwreck. While the 89,438-tonne Kowloon Bridge lay with its back broken on the rugged and picturesque south coast
      Reuter  -  458 words
    • 385 18 AN INTERNATIONAL convention for the suppression of unlawful acts against the safety of maritime navigation is to be developed by the International Maritime Organisation (IMO). Work on the preparation of a draft convention will be undertaken during the course
      385 words
    • 921 18 AB Shpg V 5 Accord Shpg VI 3 Ahrenkiel liner X 1 Alltrons VII 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow lines X 4 Atlos line X 3 ANl 1 1/2 A PC line V 4 API III 2/3 ASCI III 1 Balt-Canoda line
      921 words
    • 1634 18 A LOWER level of US$l2 was reported paid (or grain fixing on Monday from the US Gutf to Japan with previous business having received $12.30 to $12.50, shipbrokers said. Meanwhile, unconfirmed reports suggested a cargo of light grain had been covered from the Gutf to the Netherlands at
      1,634 words
    • 175 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orierft Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      175 words
    • 183 19 Reuter, AP THE US will take "steps available" to keep the Gulf open to shipping, according to US Interior Secretary Donald Hodel. Washington has the means and will to keep the Gulf open despite an intensification of the IranianIraqi
      Reuter,; AP  -  183 words
    • 431 19 Lloyd's List CUNARD is seeking to cut costs on the Queen Elizabeth 2 by replacing large numbers of UK seafarers with contract labour. More than 800 hotel and catering crewmen on the luxury cruise ship were offered redundancy with the option of future
      Lloyd's List  -  431 words
    • 148 19 AFP A SHIPMENT of 40,000 tons of liquefied natural gas (LNQ) has left Indonesia for Boston in the first sale of Indonesian gas to the US. The LNG, which left Kalimantan on Monday, was the first to be sold to the US by a
      AFP  -  148 words
    • 771 19 AFP RATES were unable last week to build upon the firm base established on the major grain routes out of the US Gulf, as demand for larger-sized bulkers waned on the freight market. Better interest was reported in the grain trades out of the Great Lakes, as the
      AFP  -  771 words
    • 336 19 A DOUBLE-STACKED rail service for both international and domestic containerised shipments has been introduced for Memphis and the US mid-south market twice a week, said American President Companies. The service uses APC's own two-tiered container cars first of their type to
      336 words
    • 6786 24 HA HI 919 Ming Fortune, Yang Ming. Nov 29 Evar QMad, Evergreen. Nov 29 Liao Ho. Chtna Ocaan. Nov 29 Arthur Maarak. Maarak Llna. Dac 4. ABCBOfP" Liao Ho, Chtna Ocaan. Nov 29 AMOJAM Ned Weelerfcerk, Nadlioyd-EAC. Oac 3. Arthur Maarak. Maarak
      6,786 words
    • 393 24 AT CONVENTIONAL WHARVES VhnI B«fK I Arrival Departure KEPPEL WHARVES Equotor K22 alongside 26.11/0200 Ronghuashon K36 alongside 26.11/0600 Stroits Venture K25W 1 I o 26.11/2300 Tomoh Satu •C21 alongside 26.11/1500 Trans Boy K9 alongside 26.11/0600 Alfesani K20 26.11/0700 29.11^)700 Celtic Sea K15 26 11/0600 27.11/2300 Irtobulcwa K24E
      393 words
    • 908 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Ship Voy date/time Operator cargo schedule Location Um-Master 0I1RW 2611 86 1700 G Asia F5A 0800-0900 N2 A Princess 482 2611 86 2300 IAPI F5A 1300-1500 B7 Ming Comfort 25E 26 II 86 2300 Malay
      908 words
  • Page 17 Advertisements
    • 692 17 ll;uulK'l> v i 'T H M 1 !1< »l |,i!A WW o*t€Ni Omeas Um LINE NORTH AMtRICA ATI ANTIC EXPRESS (ROUND THE WORLD ROUTING) EXPORT jtr IMPORT rsr SGP COMCCTS nMJQWOKID MDS Ml 7/1? N CORAL 0 KNGHT ct rums 7t 9/1? o unoei n run. chna com wo m
      692 words
    • 71 17 IIIMDB A DUTCH SALVAGE TEAM raced against time yesterday to save a crippled Hongkong freighter as the Irish and British governments launched investigations into the shipwreck. Page II CUNARD is seeking to cut costs on the Queen Elizabeth 2 by replacing large numbers of UK seafarers with contract labour. Pag«
      71 words
    • 920 17 Available at all good bookshops m EJ FEDERAL PUBUCATKMS OfJ/ THE HEART OF THE 'TiV.-Nl MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS W&WWNir H BAYI Feeder Peneng Voy S" pore EXPORT TO USA. EUROPE. EAST. WEST AFRICA 6 ASIA *IHP« QSMI 1M •CT 7/12
      920 words

  • Page 18 Advertisements
    • 339 18 COMPAGNIE MARITIME O'AFFRETEMENT IS£r24 kmu mckmit nu cNTun soma FAR EAST TO KHTUMKU DM UHK OUTBOUND TO MOfiTH CONTINENT Mil H WITH MIX K «CUK MLIi DC lIUMB Mm accent urp to 4 ILK. icmtmmm (I OUTBOUND TO MEDITERRANEAN Km aetata! FCL Cap to Imud. Ihnto. LjWjlm. kM mi «ma*to
      339 words
    • 188 18 EUROPE/FAN CAST CONVENTIONAL SCHVtCE PT. Of LOG. RAVE neas 2C/U-5/12 1-11/17 TEL* 03-*****50 MALAYSIA SON. SNO. TLX: ***** MTM Frt. Booking contact Miss Qan PT KLANG VI2 11/12 VI 17/1 S'PORE 11/12 14/12 7/1 21/1 Furthar load/ discharging ports an routa aubfact to aufflciant inducamant. Smppore Agent Goodrich Marttlma Pta
      188 words

  • Page 19 Advertisements
    • 793 19 J The Straits Steamship Group Mansfield Container Shipping Pte Ltd m l on 1 Biota* R'fan 11/12 21/12 21/12 29/12 N/1 *7/1 13/1 14/1 is/1 nn 21/1 29/1 •5/2 N/2 11/2 12/2 19/2 21/2 24/2 25/2 Stoo KWj 15/12 17/12 24/12 29/U •2/1 M/l 19/1 11/1 IVI 17/1 24/1 21/1
      793 words
    • 565 19 £><7 SudAmericana CSAV EXPRESS SERVICE TO CHILE fUDO Ktssa STOK MOHO KtSSQ Ml MKA MR MTV MU STO wssn I/1I MMIi 17/12 H/2 11/2 12/2 M/ 2 IV2 I KSXL U/12 TW 27/12 «/2 7/2 1/2 11/2 12/2 CARGO FOR PUNT A ARENAS, TALCAHUAHO (SAN VICENTE) ACCEPTED WITH T/S VIA
      565 words
    • 175 19 /"{%>,{]`$]^`@@[});}`]-(@%~.(^^ Franco Beigian Services t <it 1 _-TT rrm rmrm u mmr*a ram nh nm m HUM QMS bM (Mhi) Ulk MBk 17 Bk 24 Bk 21 BK 22 BK a m X«s W 3Bk (B1 Bk) 22 Bk 23 Bk 27 Bk 04 8k)24 Bk SBk Nf ■Buna It
      175 words

  • Page 20 Advertisements
    • 222 20 100 Years Liner Shipping Far East 7 1886-1986 Z_ TO CONTINENT/UK EXPORTS FROM N CONTINENT &UK IMPORTS tTtvt Hot* Man/ LaHawt S'tae IMa 11/1 13/1 17/1 19/1 23/1 25/1 INTERNATIONAL FREIGHT FORWARO6RS CONSOLIDATION SERVICE WEEKLY Singapore: BIRKART SE A Tel *****11 PI. Kelang BIRKART SDN BHD. Tel *****66 M PM
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    • 481 20 I c= JtC&LINE s turn FULLY CONTAINERISED SERVICE CONVENTIONAL SERVICE TO PERSIAN GULF LOADING FOR MOSTBON 34 Sid In Pt DUBAI. DAMMAM. KUWAIT 0 SAJtU AC 15 28/11 DB. DM. BH. ABOHABI MCI CRYSTAL REED 25/11 10/12 DUBAI. DAMDAM. KUWAIT 'ALSO LOG M KUANTAM GENERAL AGENTS: CROWN MARINE CO (PTE)
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    • 391 20 JUL Hai Sun Hup Co (Pte) ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** ft t I \s I I R\ \R I l\l K III) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HFAVY LIFTS I Loads* at appropriated Berth P4PS NOTE: ALSO CALLMG OMR IVUCSE PORTS. HONGKONG,
      391 words
    • 1150 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/PE) no OF TBI no gran> no GUAM* no SOLDO) no LNHfI no c«no MSO ACCEPTMG CARGO TO 1) ntOWOKZ. ON. s 2) ATUMTA. QRCAGO OETROn nonoinciiiKuaiMiiMtf VI VI VI VI IVI2 IVI2 IVI2 M/ 12 2V12 U/2 VI 7/1 11/1 VI 2VI
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  • Page 21 Advertisements
    • 678 21 2\J= PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE 1 VtOOCL MAJAPAHTT OOWA KOTA MM SIN JKT «V SIN 4/12 t/12 «H2 11/11 13/12 15/12 W/tt 22/12 •M IN PI M/ 11 •TCM TAICHUNO HUH NKQ KAO *TCH KEE MM 'MO"
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    • 883 21 TTT? BENLINE CONTAINERS STOK PALING N/11 17/11 12/12 14/12 19/12 21/12 2t/12 21/12 «/l C/l TO UK/CONTMENT ston hum rm«a torn U/12 11/12 21/12 21/12 22/12 17/12 If/12 15/12 24/12 21/12 27/12 1/ C»«tai Bn 19/1 21/1 7/2 1/2 19/2 11/2 II T*r* It) 25/1 27/1 15/2 It/2 11/2 19/2
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    • 514 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESUIKI LLOYD P.T. SAMUDERA INDONESIA PJ. TUKOM LLOYD EXPRESS SEMI COMTAIMERSHIP SERVICES SINGAPORE TO EUROPE Supfci to Inducement, Ale© accepting cargo to CwbHwci, Port Said, Port Alexandria, Oenoe, Trieete. ALSO ACCEPTNG BOTH CONTAIOS. CONVENTIONAL CARGO VIA T/S TO UK PORTS.
      514 words
    • 366 21 BOUSTEAD SHIPPING AGENCIES 1* BURMA FIVE STAR 'Burmese National Line) Loadhg for Ranfoon PAGAN Vlo6* MYOMA TWA ¥101* PA-AN VIO4N V* Spore PKetanj Penanj 1/3 OK 5/7 Dec 10/12 OK BANK LINE EXPRESS SQO-COMTMNFI NORTHBOUM) TO UKC SPORE ROAM HULL HMBG TAUSALA SAMOA VS 14/12 10/1 19/1 15/1 TOANA NRJGM
      366 words

  • Page 22 Advertisements
    • 975 22 1 USA CANADA ATLANTIC COAST (Round Tho World Sonrico) [3 K LINE KAWASAKI KISEN KAISHA, LTD. G.N BRDGE V 3 I CONCORD n 0 LEGEND W K MX ft PACIFIC COAST PACIFIC SOUTH WEST PACIFIC NORTH WEST FEEDER HI Sf H W J MOTHER VSI T/S PORT LA/LB OM MOTHER
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    • 467 22 AUSTRALIA EXPRESS CONTAMER SERVICE 'M Accepting FCL/FCL Containers ESTEarniw it Dk CAIAIAR ¥31 31 Dec ESitarrtß vio d i* Law Vessel S port RAMMS *2i UOk CHANDOAS V? 3 7 lax MBROAS V 3? IS ton RMKMS V 27 9 Fab Mat Frt« 2t Ok 4 ton 17 ton K
      467 words
    • 751 22 GOLDEN LINE GUM GUM SWPMG (PTC) LTD 71. IM Ifm Start KMI «1M 18. MUM <11 UKt) STRAITS/PERSIAN GULF SERVICE: GOLDEN mm Ht'tci* Dub* lahrwi IWwvt GOLDEN KM Cotonto M-»cl* DvM kM 10/12 Ok TANG QUAN CHMA OCEAN SMPPMG CO.. PEKM6 THE PEOPLE'S REPUBLIC OF CHMA PJUANG POMNC OBTMRON 21/11
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    • 347 22 INTPASEA (PTE) LTD 10 Anson Rodd »2 If In'pmi! P Smijapo'c 0207 Te' i <0 r L>i j. t f v t BREAKBUIK SERVICE TO EUROPE/UK il Spara P. Mh|Lm*|«k--3/12 1/12 ROT/AM, 000TMK FRONTD 7/12 11/12 WT/MT/K (AVON) Q PHIL IT RON SHIPPING 4CJNCHS PI I PHI'I PR if HI
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  • Page 23 Advertisements
    • 772 23 Span T4 Ha OMca *****77 NEPTUNE ORIENT LINES LTD WW UEMXS MI im no/Ml TM/IU Tana* cn KKKMSS *****77 nam 2212*2? *****53 *****42 OK OKCT IMB *****19 *****16 27M111 NEPIM SON. BH>. *****87/*****45/*****53/*****26 NEPIM SON. BHD. *****71/*****34/*****35 KPUNE SON BHD. 6155M/62M35/*****0/*****1/*****2 to EUMK/IK (Vl* SWZ): I mu* I ICHANCE 2981
      772 words
    • 333 23 mull No Dorian MW BS 17/12 n kn 1/12 5/12 1/12 (OH-tfc») 14/12 21/12 21/12 21/12 (OH tfct) 5/1 13/1 11/1 (OH-Mrt) No t Donan «10N No I Dwan/tO* No 7 Donan/41 ON TM/tlt Ho 1 Donan/iION Ho i DonanlllN TBI, ill 27/12 5/1 11/1 17/12 23/12 25/12 21/12 1/1
      333 words
    • 542 23 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULOMG 55. Market Street Sinfapore 0104 Tel; *****33 (15 Ums) Ti Cable Address SMSOV SMGAPORE Tetei tenters RS ***** RS ***** RS ***** OMcr *****41/2 t KELAM M/S SHMtKAT NAM SOON SON MD. IST MO 2ND FLOW. NO 1. JALAN CEMPENMG. PORT
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    • 3 23 TSi I i\l
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  • Page 24 Advertisements
    • 408 24 'I REGIONAL CONTAINER LINES Ml TO BANGKOK (4 SAILINGS A WEEK) pt^ m ["'il ITM Ft.?.7ii' FTT!!I tj j*J ItilMll IMH gCZQESH miffi Es^lQl23| 31-1/12 3-4/12 Sjt/Sw $-7/12 74/12 lOtadi «riy on twm nrun fthut RJ EMnrnr iwnP'iTipni m ri BENGAL BAY CONTAINER FEEDER TO CALCUTTA CHA L N A
      408 words
  • Page 24 Miscellaneous
    • 151 24 1 Regional Weather '/j v% ir i i n SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. *c O" Wmd (Vect»on speed m knots LCGCNO R Thunderstorm Tempe*oture •<. X\ X WeotHer Wm<j Arect.on with speed m knots R Cloud,*, Wo.ehe.ght wmdt ere indicated hi wm -h<h H,
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  • Page 25 Advertisements
    • 145 25 LCL/FCL TO EUROPE/SCANDINAVIA ETD 2/12 Abo accepts LCI/FCt to other destns. FICKHT MANAGEMENT: SNGAKME Til *****11 (12 IMS) PORT KELANG TEL *****07/S BANGKOK TEL 253MM-5 RED SEA-MEDITERRANEAN SERVICE TIL OK AVER PMIMBAMG SMGATOK M.V "SAMUORA RAT' Sailed 22-24 Nov 25-30 Nov General Agents: Skippw Shipping Pte Ltd, S'por* Tlx: R8
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    • 33 25 REGULAR LMER SERVICE TO MM/BANGLADESH PORTS. ETA ETD OOTIWIION "KHUN KAEK" 04/16 2/12/K 6/12/16 TBN "PACT 14/16 30/11/16 3/12/16 OfTTAfiOUG pen wiainm IM #15-01 DUNN I mm (3 unes) CHART POINT every SATURDAY
      33 words
    • 530 25 k WEEKLY FULL CONTAINER SERVICE SINGAPORE/JAKARTA SHGAPORE VESSEL VOY ETA ETD PRASETIA 91/92 21/11 21/11 93/94 5/12 5/12 95/96 12/12 12/12 PRABHAKTI 14-15/S6 P 30/11 15A1S/M 05/12 N/12 17-IS/S6 12/12 13/12 G«wai Apnisi' Asa Nririk Lm ft* Ltd 19 Kcppd Ha* II Ml M| T«k *****33 Tfc: ***** i/k p
      530 words
    • 682 25 >CA/C LINES WEEKLY FCL LCL CONTAINER SERVICE STOK IBKK HKC KM) KEE KOB »J BUS TAOTUMMM 27/11 21/11 S/12 7/12 1/12 12/12 13/12 14/12 KUO LUNG VSII 4/12 4/12 13/12 14/12 14/12 19/12 28/12 21/12 Yl LM V 404 11/12 13/12 28/12 21/12 23/12 24/12 27/12 21/12 KUO HSUN6 V
      682 words

  • Page 26 Advertisements
    • 583 26 FINE-LINER SHIPPING PTE LTD TEL: *****52, *****62, *****82 TLX: R*****1 FLINER ACCEPTING FCL, LCL CONVENTIONAL MDOIE EAST SERVICE JB/11, 5/12, 11/12. DUMi, BAMtAM. MUSCAT. DOHA. DAMMN. 12/12. 11/12, 25/12 KUNMT ABU DHABI HONGKONG/CHMA SERVICE 1/12. 1/12. fINGMC, BEUNG, TIAfUN, SttKOU, SHANGHAI. 14/12, 23/12 GUANGZHOU, NHAMPOA 2/12.11/12 BANGKOK 2/12. 11/12 i/12,
      583 words
    • 423 26 HEAP SEW TRADING ft SHIPPING PTE LTD 0001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0710 TEL NO. *****22 (9 LINES) TLX NO. RS ***** HEAPCO jlHfl_jtLj.fr' -fi.a v mi MB NOV 1 KC 3/4 KC I KC 11/11 KC U KC DOT NO meat HI7K HIIK niMt mm VWIK
      423 words
    • 484 26 C.Y. LINE (A Mtmbtr Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FVUT COMMOUSED SOVICt TO EUMH (W SUEZ) 15/11 It/II 17/11 M/ 12 21/12 22/12 22/12 23/12 27/12 24/12 25/12 2J/12 21/12 M/ 12 1/1 VI 4/1 </l 5/1 t/1 7/1 11/1 11/1 11/1 o m CCMTMO «7t
      484 words
    • 665 26 Everett Lines COMPANM PERUANA DE VAPOREES (CP.V.) "PERUVIAN STATE LINE" load** tot Caiao Matarani lo and at other I On CPV Iltroufti Bits ot li*n( to In* desbi MAMXonorrT huocwtt HMUTEKKTT i ports wtk tramtapnent al I 3/4 Dk 17/19 DK 2t/29 Dk 1* EVERETT ORIENT LINE'* JAPAN/BAY Of BENGAL/JAPAN
      665 words
    • 281 26 Z I M nucoNTMn SOMCE imp an Fa/ia. MM U* t IM u«st Cm*. HMTL Nri to Sp*. bMi N ST LUCIA ZM eilat container line S (It U If vet lis o« OUT IMMERSE 1/12 IVI2 m RRBMK 1/12 14/12 21/12 22/12 24/12 21/12 21/12 fee*** fa I# brmm
      281 words